GBP/USD forecast - page 79

New comment
 

GBP/USD pushed higher today and inched close to 1.41, but bulls were not strong enough to keep this level. Currently the pair is trading at 1.4050 and again 1.4080 comes as first resistance.

 
The pair broke out above 1.4060 and it will probably keep moving to the upside. Next target is likely at 1.4100.
 
be stronger this following week, lets see wether it would break the new resistance or bounce before it does.
 
The pound recorded another successful session against the dollar on Thursday. The session started at 1.3998 and ended at 1.4099. If bullish moods are maintained, the level at 1.4150 will be tested. If the direction goes down, it is likely that the pound will focus on the first support at 1.3990.
 
GBP/USD bounced off from 1.4345 but it is still very bullish and next week it may test that high once again.
 
Support level can be found around 1.40, break below it would lead to further downside.
 
 
 
 
The British pound recorded a decline against the US dollar on Friday. The currency pair opened at 1.4098 and finished 87 pips lower. Daytime extreme values ??were reached at 1.4144 and 1.3996 respectively. The price has found support at 1.4015, but given the negative outlook, a sequential test at the relevant levels is not ruled out.
1...727374757677787980818283848586...128
New comment